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According to a new report Asia Pacific Location Analytics Market, published by KBV Research, the Asia Pacific Location Analytics market is expected to attain a market size of $6.1 billion by 2022, growing at a CAGR of 18.4% during the forecast period. The growing demand for location analytics services by the SMEs would drive the Asia Pacific region. The growing adoption of location analytics by Small and Medium Enterprises (SMEs) would drive the market during the forecast period.
Based on Application, the Asia Pacific Location Analytics market is bifurcated into Risk Management, Emergency Response Management, Customer Experience Management, Remote Monitoring, Supply Chain Planning & Optimization, Sales & Marketing Optimization, Predictive Assets Management, Inventory Management and Others. In 2015, Risk Management dominated the Asia Pacific Location Analytics Market by Application. However, Inventory Management witnesses highest CAGR of 21.7% during the forecast period.
Within the software segment, the geocoding and reverse geocoding segment is held the highest market share in the Location Analytics Market in 2016. However, Reporting and Visualization witnesses highest CAGR of 18.8% during the forecast period. Based on Vertical, the Asia Pacific Location Analytics market is bifurcated into BFSI, Retail, Manufacturing, Government & Defense, Telecom & IT, Healthcare, Transportation & Logistics, Media & Entertainment, Energy & Utilities and Others. BFSI dominated the Asia Pacific Location Analytics Market by Vertical.
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in Asia-Pacific region. The key influencing factors of the Asia Pacific Location Analytics market have been discussed in the report along with the elaborated company profiles namely IBM Corporation, HP Enterprise Company, Microsoft Corporation, Cisco Systems, Inc., Google Inc., Oracle Corporation, SAP SE and SAS Institute Inc.
Asia Pacific Location Analytics Market Segmentation By Application
By Component Type
By Location Type
By Organization Size